Burn, Wall Street, Burn!

Carl Remick cremick at rlmnet.com
Tue Sep 1 10:30:52 PDT 1998


Re Doug's: "[Deflation] benefits anyone with a solid horde of money. Yale built its residential colleges in the 1930s very cheaply ... an entire village of Italian artisans was imported to cut wood & stone & make the (often whimsical) stained glass."

Ibid: "My hard luck [yesterday] was to stand next to a trio of gold traders, who were convinced their day was here ..."

Just shows what a hydra-headed monster Capital is, no? Stage a major stock market sell-off and the next thing you know -- wham, you've got gloating goldbugs crawling all over you and Ivy League trust funds ordering truckloads of whimsical, stained glass.

Carl Remick



More information about the lbo-talk mailing list